PRIME INVESTMENT OPPORTUNITY - 8.5% CAP RATE! Pelican Storage Facility offers an exceptional opportunity to acquire a fully leased, income-producing self-storage operation in Bonnyville. Situated on 4.74 acres, the secure, well-lit property features 64 storage units plus 30 Sea Cans, all within a fully fenced site with powered gate and convenient fob access. The sale includes the leasing management software for efficient day-to-day operations. Offering an attractive 8.5% capitalization rate, this turnkey investment provides strong current income with excellent long-term potential. An additional storage yard to the west is available for future expansion, creating an opportunity to increase storage capacity and revenue. A rare opportunity to acquire a well-established, fully occupied storage facility in the growing Lakeland market. (id:374)
| MLS # | 45435194 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 91 |
| Listing Provided By | RE/MAX Bonnyville Realty | Vince J. Kelly |
| Fireplace Yes / No | No |
|---|
| Province | AB |
|---|---|
| City | Bonnyville Town |
| Postal Code | T9N2M5 |
| Listing VS Median (in T9N2M5) | |
Price: $1,499,900 low | high Med: $2,250 On site: 91 low | high Med: 152 | |
| Province | AB |
|---|---|
| City | Bonnyville Town |
| Postal Code | T9N2M5 |
| Listing VS Median (in T9N2M5) | |
Price: $1,499,900 low | high Med: $2,250 On site: 91 low | high Med: 152 | |